Reduce Buyer Rewards For Improved Scaling
When: NEXT Distro, not the pending Rewards distribution being finalized.
Goal: Tune Buyer Rewards in-line with the rest of the Robot Issuance schedule and the scaling token/$ model from Sales Milestones, opening up more opportunity for rewarding holders/LPs, staking mechanics, and contributors/initiatives that have a larger impact/net positive on the entire $ROBOT market health and expansion.
Why:
- Open more $ROBOT to allocate towards rewarding holders via reward multipliers for Staking or LPing
- Open more $ROBOT to rewarding contributors and the techs/designers seeing diminishing returns while Buyer Rewards have maintained 42% with huge upside while $ROBOT market price has been lower.
- 42% back was an early bootstrapping mechanic. With MetaFactory growth, incoming wearables, higher quality output and partner demand โ More value can be provided with token drops from Partners and new $ROBOT utility.
Options for Base Rewards (without any multiplier mechanics):
- Reduce to 30%
- Reduce to 20%
- Reduce to 30% now, then to 20% at 3.2 Milestone
- Keep at 42%
Issuance Schedule:
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x8F94...FEeCb5 | 2,842 | (1st) Reduce to 20%, (2nd) 30% then to 20% at 3.2 Milestone, (3rd) Reduce to 30%, (4th) Keep at 42% |
0x0223...6981e0 | 1,996 | (1st) Reduce to 20%, (2nd) 30% then to 20% at 3.2 Milestone, (3rd) Reduce to 30%, (4th) Keep at 42% |
0x4cCa...224565 | 1,785 | (1st) Reduce to 20%, (2nd) 30% then to 20% at 3.2 Milestone, (3rd) Reduce to 30%, (4th) Keep at 42% |
0x4765...d0D072 | 1,620 | (1st) Reduce to 20%, (2nd) 30% then to 20% at 3.2 Milestone, (3rd) Reduce to 30%, (4th) Keep at 42% |
0xBf16...27f64f | 1,487 | (1st) Reduce to 20%, (2nd) 30% then to 20% at 3.2 Milestone, (3rd) Reduce to 30%, (4th) Keep at 42% |
VOTE POWER
Proposal Status
- Mon April 18 2022, 08:01 pmVoting Period Starts
- Fri April 22 2022, 08:00 pmEnd Voting Period
Current Results
1-Reduce to 20%
12,869.167
2-Reduce to 30%
513.71
3-30% then to 20% at 3.2 Milestone
229.69
